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is that we think capital spending will pick up once there's clarity with respect to tax policy and deficit spending. and until we see that, there will be a holdback, which there has been in capital spending. after the election those issues should be resolved so we're looking for very robust 2013 market wise. the other piece of this is we really have not had a steady inflow in equity funds since 07 defight the market performance. and that's not true of fixed income, we expect that to actually come to fruition. >> tom: okay. some money to come off out of fixed income maybe into stocks, with sei. >> absolutely. >> tom: let's take a look at your previous picks, right after valentine's day february 15 we saw you, american capital a private equity public trad company up 30% plus. city national up 9%. do you still like these? >> definitely. believe it or not, american capital still trading at three times earnings, despite its appreciation. and it's a perfect play on mid cap companies in the u.s. and certainly monies cheap too. so it's a great way to play the recovery. >> tom: mark, do you own pos
is that we think capital spending will pick up once there's clarity with respect to tax policy and deficit spending. and until we see that, there will be a holdback, which there has been in capital spending. after the election those issues should be resolved so we're looking for very robust 2013 market wise. the other piece of this is we really have not had a steady inflow in equity funds since 07 defight the market performance. and that's not true of fixed income, we expect that to actually...
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in half and we've had four years of trillion dollar budget deficits. these are promises and he's got to be held accountable for that. >> i hope mitt romney is listening to this and takes your advice. a debate of 90 minutes is a precious commodity and i'm saying that from romney's perspective, there are other issues that have a much better chance to move him forward than talking about solyndra. >> i got to leave it there, gentlemen. i know, did -- please stay with cnbc for tonight's coverage. i'm larry kudlow. thanks for watching. [ male announcer ] the 2013 smart comes with 8 airbags, a crash management system and the world's only tridion safety cell which can withstand over three and a half tons. small in size. big on safety. which can withstand over three and a half tons. and every day since, two years ago, the people of bp made a commitment to the gulf. we've worked hard to keep it. bp has paid over twenty-three billion dollars to help people and businesses who were affected, and to cover cleanup costs. today, the beaches and gulf are open for every
in half and we've had four years of trillion dollar budget deficits. these are promises and he's got to be held accountable for that. >> i hope mitt romney is listening to this and takes your advice. a debate of 90 minutes is a precious commodity and i'm saying that from romney's perspective, there are other issues that have a much better chance to move him forward than talking about solyndra. >> i got to leave it there, gentlemen. i know, did -- please stay with cnbc for tonight's...
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. >> i think the leadership question tonight, if it's -- on domestic policy, is going to be the deficit issue, the fiscal management of the country, and in talking to romney advisers, that's sort of the key thing they are going to point out in terms of leadership, talk about commander in chief at the next debate. but this debate is about fiscal management and who is going to be better for me in the next four years. >> very quickly, david. >> first 45 minutes of this, the most important 45 minutes of the campaign, all about the economy. i've known jim lehrer for a long time. he won't be constricted by the -- he could well go into libya and what's been happening in the second part of the debate. >> not just the first 45 minutes are important, after the debate, our job, the fact checking, reality checking, wolf, a little bit on that. >> we certainly do, anderson. a very impressive reality check team to determine if the candidates are telling us the truth tonight. john berman is one of the team's leaders, joining us now. john, you have been fact checking candidates' recent claims on the cam
. >> i think the leadership question tonight, if it's -- on domestic policy, is going to be the deficit issue, the fiscal management of the country, and in talking to romney advisers, that's sort of the key thing they are going to point out in terms of leadership, talk about commander in chief at the next debate. but this debate is about fiscal management and who is going to be better for me in the next four years. >> very quickly, david. >> first 45 minutes of this, the most...
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in addition, we are very focused on the debt and the deficit. the spending of the government is out of control. it needs to be fixed. if we keep spending, it is not sustainable. it is not fair to other generations. >> how long have you been a republican? the republican party today has a lot of diversity within it in terms of opinions of a social and economic issues. which one is the most important you about being a republican? >> i would say i became a republican when senator obama was running for presidency. that is when i was interested in politics. i began setting it and realized i disagreed a lot with what he was saying. that is when i started paying attention to it. >> what you're are you in school right now? >> i'm currently a junior. -- what year are you in in school or not? >> i am currently a junior. >> what about after college? >> i am not entirely sure right now. >> where will you be watching? >> i will probably be with the rest of my fellow classmates. >> what will you be looking for? >> iowa looking to see how each candidate differs
in addition, we are very focused on the debt and the deficit. the spending of the government is out of control. it needs to be fixed. if we keep spending, it is not sustainable. it is not fair to other generations. >> how long have you been a republican? the republican party today has a lot of diversity within it in terms of opinions of a social and economic issues. which one is the most important you about being a republican? >> i would say i became a republican when senator obama...
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by roughing up romney on the idea he will hurt the middle class. >> he says he will cut the deficit, please. he wants $2 trillion in new defense spending that the pentagon didn't ask for. $5 trillion tax cut, future of the wealthy. >> reporter: the claim is complicated by the way biden framed the argument. >> how they can justify raising taxes in the middle class has been buried the last four years. how in lord's name can they justify raising their taxes? >> obama officials today insisted that was not a gaffe, biden clarified. >> the middle class was buried by the policies of romney and ryan supported. >> republicans like rubio are off to the races. >> those happen to be the words that the distinguished vice president of the united states mr. joe biden. no, don't boo. he is the best thing we've got going, guys. >> reporter: now denver has always been big for this president. in 2008 is where he launched the hope and change in front of the great columns of the democratic convention. 2009. this is where he signed the stimulus in law. tonight, he puts it all on the line trying to make hi
by roughing up romney on the idea he will hurt the middle class. >> he says he will cut the deficit, please. he wants $2 trillion in new defense spending that the pentagon didn't ask for. $5 trillion tax cut, future of the wealthy. >> reporter: the claim is complicated by the way biden framed the argument. >> how they can justify raising taxes in the middle class has been buried the last four years. how in lord's name can they justify raising their taxes? >> obama...
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can you tell us otherwise you will end up with $40 trillion deficit, which tax loopholes will you close? >> kimberly: playing the role of mitt romney, eric bolling. >> eric: when you lower taxes and let people keep more of their money you bring growth back. >> bob: we have seen that work. >> kimberly: he won the debate. that easy. andrea what is your question? >> andrea: bill clinton spoke at the convention and he seemed to help barack obama. i am going to bring up bill clinton. president obama, when bill clinton left office he balanced the budget, cut social programs the unemployment number was low. urn your watch, the opposite happened. we have seen the budget been busted. so how are you like bill clinton? that is a tough question for him to answer. if it's me, i ask him, listen, i release my taxes. you have yet to release academic records, the white house records, see what he says. that would be tougher to answer. >> bob: for eight years we were all in a coma. curious. >> kimberly: bob is out of order. we're bring you back in "e" block. >> bob: clinton to obama. >> kimberly: guess wh
can you tell us otherwise you will end up with $40 trillion deficit, which tax loopholes will you close? >> kimberly: playing the role of mitt romney, eric bolling. >> eric: when you lower taxes and let people keep more of their money you bring growth back. >> bob: we have seen that work. >> kimberly: he won the debate. that easy. andrea what is your question? >> andrea: bill clinton spoke at the convention and he seemed to help barack obama. i am going to bring up...
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keep printing money and expecting the world to take it or buy treasury notes to fund trillion dollar deficits forever. the economy is slow and going into another dip. i actually think the next president will have a moment between november 7, and i do not know, this summer or fall of 2013 to do a lot. i would bet there is a huge legislative agenda in 2013. i did not really by the gridlock argument. if obama gets reelected, evil have a mandate basically -- he will have a mandate basically the lesser version of bowel- simpson. if romney wins, he will have a mandate for some version of the right and budget, probably tempered a little bit to get democratic votes. if he becomes president, he what the mandate for something close to that. either way, we will probably get a pretty big deal. i think 2013 becomes a big entitlement reform, tax reform, budget reform moment. there will be an amazing pivot on november 7. suddenly the campaign will be over. guess what, we are going to have entitlement reform. all of the things is that about mitt romney will destroy america, suddenly we will do something that
keep printing money and expecting the world to take it or buy treasury notes to fund trillion dollar deficits forever. the economy is slow and going into another dip. i actually think the next president will have a moment between november 7, and i do not know, this summer or fall of 2013 to do a lot. i would bet there is a huge legislative agenda in 2013. i did not really by the gridlock argument. if obama gets reelected, evil have a mandate basically -- he will have a mandate basically the...
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americans can afford it. reduce our deficit by... next decade, on top of the... already cut. little more. afghanistan... pay down our debt and... nation-building... right here at home. patriotism, rooted in the... begins with a strong... thriving middle class. read my plan. and decide for yourself. thanks for listening. this message. david smallwood: maryland money needs to stay in maryland. it's just that simple, i mean, it's a no brainer. anncr: every year marylanders spend five hundred and fifty... million at casinos in west virginia, delaware... and pennsylvania. one west virginia paper calls it a "cash cow" for them. but its cost maryland over one billion dollars. money that could have created good jobs and... better schools for us. question seven keeps maryland money in maryland. david smallwood: question seven, i think it will be a... good thing for the state of maryland. . >>> major cost cutting measures could be underway at udc. are they enough? the board of trustees approved a right sizing plan that would involve layoffs. the closing of the satellite campus and a major push to
americans can afford it. reduce our deficit by... next decade, on top of the... already cut. little more. afghanistan... pay down our debt and... nation-building... right here at home. patriotism, rooted in the... begins with a strong... thriving middle class. read my plan. and decide for yourself. thanks for listening. this message. david smallwood: maryland money needs to stay in maryland. it's just that simple, i mean, it's a no brainer. anncr: every year marylanders spend five hundred and...
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, but those kids you're talking about they're graduating with a big overhang of, you know, debt and deficits as well to pay off down the road. >> and unemployment levels are at historic highs among youth today. >> the problem romney has is he says if i'm elected president i will do the following things. the problem is when he was governor he actually raised the debt to the highest level per capita at any place in america. he increased tuition. and he increased taxes. those aren't the things he's saying on the campaign trail. that's just what he did as governor. >> so here's the thing i would say to you, governor. if governor romney's track record is relevant, then president obama's track record is relevant. and under president obama the debt has gone to $16 trillion -- he has racked up under his presidency more debt in a single term than every president combined before him. >> that was true with reagan, carter, nixon. >> you have to sit and deal with that track record. >> one other issue we haven't talked about yet, one of these 15-minute segments is going to be about health care. what is th
, but those kids you're talking about they're graduating with a big overhang of, you know, debt and deficits as well to pay off down the road. >> and unemployment levels are at historic highs among youth today. >> the problem romney has is he says if i'm elected president i will do the following things. the problem is when he was governor he actually raised the debt to the highest level per capita at any place in america. he increased tuition. and he increased taxes. those aren't...
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that's a lot of revenue that could help with deficit, deficit reduction and our debt structure. the third piece of that is we could become more energy secure as a nation. today we're less reliant on outside sources. new technologies have allowed us to produce all the energy we'll need right here at home. if we create policies to allow us to use americans to create american energy, it'll benefit us all. those are the things that could be done immediately. >> so how come the administration isn't doing it, if it's that obvious these jobs can be created soon? >> well, it's unfortunate because i think their limitations on the industry is driven by, in my view, extreme ideology. it's driven by an irresponsible view that we can switch from one energy form to the other overnight. somehow, we can take the 62% of our energy in the u.s., which happens to be oil and natural gas, and just flip a switch and turn that to wind mills or solar panels. all energy forms are important to us, but the reality is it took us 100 years in the united states to get off wood as our primary form of energy. w
that's a lot of revenue that could help with deficit, deficit reduction and our debt structure. the third piece of that is we could become more energy secure as a nation. today we're less reliant on outside sources. new technologies have allowed us to produce all the energy we'll need right here at home. if we create policies to allow us to use americans to create american energy, it'll benefit us all. those are the things that could be done immediately. >> so how come the administration...
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it's going to be deficit neutral. you say you're going to close loopholes, deal with deductions, so let's talk about those deductions. you know, home mortgage deduction, charitable giving deduction, health care deduction. are you willing to tell the middle class -- >> tax deduction. >> are you willing to tell the middle class some of these are off the table? if you are, how do you pay for it? >> he's not going to. he has bucket, 17 grand. is that not good enough for you? >> that's the problem. if he starts getting specific like that, what the right wants to hear is not what 80% of the country wants to hear. that's the fundamental problem he has. >> the bar is pretty low for mr. romney. how does he get through the 90 minutes without any further problems? very quickly. >> i've been a big fan of the fact that mitt romney is the gift that keeps on giving. listen, if mitt romney doesn't produce a verbal or a physical gaffe tonight, then by and large, i think the republicans will probably say that he won. but, i think that
it's going to be deficit neutral. you say you're going to close loopholes, deal with deductions, so let's talk about those deductions. you know, home mortgage deduction, charitable giving deduction, health care deduction. are you willing to tell the middle class -- >> tax deduction. >> are you willing to tell the middle class some of these are off the table? if you are, how do you pay for it? >> he's not going to. he has bucket, 17 grand. is that not good enough for you?...
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the purpose of cutting taxes now is not to incur a budget deficit but to achieve a more prosperous expanding economy which can bring a budget surplus. could you have said it any better? >> no, i could not. the other thing kennedy said a rising tide lifts all boats. in other words he was getting away from the class warfare stuff. the class warfare thing makes a lot of sense politically but only politically. i don't think, obama knows this because he was asked this question back in 2008 and he understood sometimes you jack up the tax rate you get less and sometimes you bring it down and you get more but, his goal obviously is not to get more revenue for the government. it is to get more votes for himself by painting the republican as defenders of e rich while he is the champion of the middle class and the poor. david: well in 1980, as you well remember they tried the same thing against ronald reagan. in fact even some republican like george herbert walker bush called it voodoo economics this idea. the american public didn't like it. we like the notion of lower tax rates across the board for ev
the purpose of cutting taxes now is not to incur a budget deficit but to achieve a more prosperous expanding economy which can bring a budget surplus. could you have said it any better? >> no, i could not. the other thing kennedy said a rising tide lifts all boats. in other words he was getting away from the class warfare stuff. the class warfare thing makes a lot of sense politically but only politically. i don't think, obama knows this because he was asked this question back in 2008 and...
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his plan would probably explode the budget deficit. it's not a fiscally responsible plan. >> isn't it true, chris, that he has said he needs to work with congress in terms of going into the specifics of what those loopholes are? >> well, that's true. ultima ultimately, congress, in particular the house ways and means committee, would ultima ultimately write any major tax reform plan. my problem here is tax reform is supposed to be about simplification. i think romney's $17,000 cap would complex complex if i the . that would add a whole bunch of new leans to the 1040, which would make the code more complex. i think we should go to something like the paul ryan house plan he introduced a couple years ago which would eliminate virtually all deductions and credits and use the money to simplify the tax structure down to 10 and 25%. romney needs to be more bold here. his running mate has the bold ideas for tax reform. that's where we should be going here. >> you know, we've had various members of the house ways and means committee on this pro
his plan would probably explode the budget deficit. it's not a fiscally responsible plan. >> isn't it true, chris, that he has said he needs to work with congress in terms of going into the specifics of what those loopholes are? >> well, that's true. ultima ultimately, congress, in particular the house ways and means committee, would ultima ultimately write any major tax reform plan. my problem here is tax reform is supposed to be about simplification. i think romney's $17,000 cap...
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struggling past crowds of protesters negotiate another austerity package despite the strain to contain the deficit the greek government still planning a multi-billion euro formula one track vestment advisor patrick. couldn't wait to tell us what he thinks about. this is just absolutely insane and of course greece should be promoting tourism but surely they should be promoting tourism and all of those beautiful engine artifacts that come from the engine greek civilization which was probably the last time that they actually managed to have the economy in balance rather than sitting here and trying to build another incredible pillar of the eccleston empire formula one i'm all for motorists thing but i don't see why greek pensioners should be starving that a point in time when they lay one hundred million euros worth of tarmac for the formula one so what we have is you know the troika these people who come along and demand cuts they've been coming for the last several years every time they go away they think they've got a deal in the greek side people to stick to it so this time around they really fin
struggling past crowds of protesters negotiate another austerity package despite the strain to contain the deficit the greek government still planning a multi-billion euro formula one track vestment advisor patrick. couldn't wait to tell us what he thinks about. this is just absolutely insane and of course greece should be promoting tourism but surely they should be promoting tourism and all of those beautiful engine artifacts that come from the engine greek civilization which was probably the...
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how specifically will you bring down the deficit? there's certainly a lot of room to put some and a lot of imptous for them to put some meat on the bones. >> okay. as we look for the meat, let's talk about something we've talked about that before that being swing states. romney has really whittled the president's lead to two percentage points. these are virginia numbers now. this is a poll released by "the wall street journal" nbc news, so a two-point lead for obama down from five points last month. let me show you one more graphic. you're going to see florida numbers. similar story there. now a one-point lead for obama. down from four points in september. could, candy, could this debate tonight really, you know, represent romney's best chance to catch fire? >> certainly. and i don't think it's his best chance. i think it's the beginning of his best chance, if that makes sense. i don't think we've seen -- we have seen times when debates have changed things. but there still is a lot of time and two more debates for these guys plus a v
how specifically will you bring down the deficit? there's certainly a lot of room to put some and a lot of imptous for them to put some meat on the bones. >> okay. as we look for the meat, let's talk about something we've talked about that before that being swing states. romney has really whittled the president's lead to two percentage points. these are virginia numbers now. this is a poll released by "the wall street journal" nbc news, so a two-point lead for obama down from...
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it explode the deficit. and it contributed to the economic problems we see today. look at the tax policy under president clinton which is very close to what the president obama is talking about going back to. we had a surplus. we had job growth. you won't get me saying anything about the bush administration's economic policies were anything but a disaster. joining me now sean spicer, the communications director for the republican national committee. i know your side believes vice president bind got it just right because romney is selling t-shirts praising joe biden's honesty. >> i think we are starting this deof --starting this debate wita little honesty. we are seeing a huge amount of debt piles on it was four years ago this president dazzled us in debate saying he understood the problems this country faced. he knew the magnitude of the issues the country had to get through. but he had the right solution. here we are four years later and he still hasn't accomplished any of what he set out to do. that will be the biggest hurdle he has to overcome tonight looking ba
it explode the deficit. and it contributed to the economic problems we see today. look at the tax policy under president clinton which is very close to what the president obama is talking about going back to. we had a surplus. we had job growth. you won't get me saying anything about the bush administration's economic policies were anything but a disaster. joining me now sean spicer, the communications director for the republican national committee. i know your side believes vice president bind...
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i think is liberal to cut taxes when you are operating a deficit, because you are spending money. >> i do not think your labels mean a lot. what i have said from the beginning -- the centerpiece of our problems is the national debt. we simply have to look at this. whether we do it this year because of the way our economy is or next year, $2.3 trillion. >> i want you to respond to this. >> i'm glad there is a clear contrast between the two of us. i do not believe we should raise taxes. i do not think the problem is that americans are not taxed enough. mr. sadler has been very candid that he would consider raising taxes on every single tax and who pays income tax is. >> that is not fair. >> if you would consider allowing all of the bush tax cuts to expire, that would raise taxes on every single tax and who pays income tax. are the texans to pay income taxes we would not raise taxes on? you did not have an answer. >> you will not put words in my mouth. i would say, the first place, we have to balance the budget, cut spending, and raise revenue to reduce the national debt. you have never
i think is liberal to cut taxes when you are operating a deficit, because you are spending money. >> i do not think your labels mean a lot. what i have said from the beginning -- the centerpiece of our problems is the national debt. we simply have to look at this. whether we do it this year because of the way our economy is or next year, $2.3 trillion. >> i want you to respond to this. >> i'm glad there is a clear contrast between the two of us. i do not believe we should...
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maybe recreation is the way out do you think we also hear that athens as well as trying to reduce his deficit these huge cuts is planning as well to build a multi-million euro formula one track yes that being decided well it's sensational happy having written for you know the bible of motor sport the weekly also sport many years ago actually qualified to talk x. and this is just absolutely insane and of. or screens should be promoting tourism but surely they should be promoting tourism and all of those beautiful enjoy the artifacts that come from the ancient greek civilization which was about the last time that they actually managed to help the economy in balance rather than sitting here and trying to build another incredible pillar of the eccleston empire formula one i'm all for motorists thing but i don't see why greek pensioners should be starving get a point in time when they lay one hundred million euros worth of tarmac for the formula one so it's a funny world patrick young writer executive director of investment consultancy devi advisor to leave it there but thank you. right right now
maybe recreation is the way out do you think we also hear that athens as well as trying to reduce his deficit these huge cuts is planning as well to build a multi-million euro formula one track yes that being decided well it's sensational happy having written for you know the bible of motor sport the weekly also sport many years ago actually qualified to talk x. and this is just absolutely insane and of. or screens should be promoting tourism but surely they should be promoting tourism and all...
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the reason obama is not being specific because if he told us more of the same, more deficit spending, ever huger debts, more growing dependency, more welfare checks the american people would go screaming into the streets. tracy: talk about mitt romney now. mitt romney, everyone wants mitt romney to come out swinging. is that the way to do this tonight? >> if you're romney you have to be tough and aggressive. you have to hit obama where it counts which is his abysmal economic record. point to americans suffering under this man. also be very specific in terms of pro-growth economic policies to turn this thing around. tracy: ellis. >> good luck. that is the exactly the tightrope he has been completely unable to walk. i feel sorry for him. he is under a lot of pressure. mitt, be specific. nail the president but be likeable okay? you have to be completely likeable. tracy: the likeable thing is the part that bothers me the most because people think they can have a beer with president obama. people do not think they could even have like a diet coke with mitt romney. >> he doesn't even drink
the reason obama is not being specific because if he told us more of the same, more deficit spending, ever huger debts, more growing dependency, more welfare checks the american people would go screaming into the streets. tracy: talk about mitt romney now. mitt romney, everyone wants mitt romney to come out swinging. is that the way to do this tonight? >> if you're romney you have to be tough and aggressive. you have to hit obama where it counts which is his abysmal economic record. point...
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if you're a republican and deficits with minorities and women, you need those white seniors to show up in large numbers for you. maybe they won't really understand that they fit into this category. there is a fair number of people who think this other people who are drawing on government subsidy in one way or another. but that vision part of this debate is going to be interesting because mitt romney has set himself up for some pretty difficult territory. are people on social security the kinds of voters that you are talking about, mr. romney, in this debate tonight, when you say government is paying too big a role in people's lives. that's a tricky one for him to walk out of. >> are the elderly moochers? he's going to have to answer that question. >> service members on disability? i mean same thing. >> coming on the heels of the romney campaign trying to use joe biden's biden-esque turn of phrase the middle class has been buried and you know, biden has walked that back, you know, is it an indictment of the president? look if you're going to fight for the ground on the middle class i do
if you're a republican and deficits with minorities and women, you need those white seniors to show up in large numbers for you. maybe they won't really understand that they fit into this category. there is a fair number of people who think this other people who are drawing on government subsidy in one way or another. but that vision part of this debate is going to be interesting because mitt romney has set himself up for some pretty difficult territory. are people on social security the kinds...
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or if i can figure out if it adds up and not add up to the federal deficit. i think president obama needs to make his points very clear and concise and not try to give us too many soundbytes. first of all, he should say my policies helped to end the greatest economic disaster since the great depression. then, number two, he should stress that we've created more than five million jobs. those job numbers have been revived, of course. the president needs to be clear that his policies and the policies that he has proposed to congress that congress will not deal with because they're more focused on theron re-election and not focused on getting the american people back to work. he said his policies will continue to bring about jobs. it will fasten economic growth in this country, and that he has a plan to deal with the federal deficit as well. i think the president can say that. >> as long as we don't have a wardrobe malfunction, we're good. >> we'll keep it rated g. anna, what are some of the pit falls that romney has to avoid here, because, you know, both candida
or if i can figure out if it adds up and not add up to the federal deficit. i think president obama needs to make his points very clear and concise and not try to give us too many soundbytes. first of all, he should say my policies helped to end the greatest economic disaster since the great depression. then, number two, he should stress that we've created more than five million jobs. those job numbers have been revived, of course. the president needs to be clear that his policies and the...
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on the deficit and biological l2 mac, some of them for sure. so the question to me is what happens the morning after this election if romney loses. he wasn't far right enough. i wonder if the morning after the morning after. people would say we have gone too far to the right and we need a different republican party which i think the country desperately needs because it needs to be center-left and it's the only way we agree to get big compromises on these issues. >> can i add the role of history suggests the clinton and ronald reagan the second term as the productive term, the big achievement so it's hard to know whether the republican party will -- where they will push the blame if that happens, but the question is how they decide to spend the next four years and i think it's very hard to tell but there is some hope in looking back at both clinton and reagan. >> he was also a far right to limit took running the republican party at the time whoever they equivalent was a time and. but in fact he wasn't. life was a little more complicated by the f
on the deficit and biological l2 mac, some of them for sure. so the question to me is what happens the morning after this election if romney loses. he wasn't far right enough. i wonder if the morning after the morning after. people would say we have gone too far to the right and we need a different republican party which i think the country desperately needs because it needs to be center-left and it's the only way we agree to get big compromises on these issues. >> can i add the role of...
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about the numbers and an additional $6 trillion in debt when the president promised he would lower the deficits by 50%. he has to talk about the massive government spending and government takeover of our lives. that won the midterm elections. i am not sure most of the country wants something like that but he can't say it. he has to say it with passion and that is what is missing. there has been -- what i call oomf to what he speaks. just more speech speech. he has to show action and oomf and he has a great case and could be an interesting evening. dennis: when you think about it, the stunner at the election is close at all. the economy is in tatters. obama should be losing. what is your device to obama tonight? how should be addressed the economy? >> one of the mistakes the romney campaign made in trying to blame the president for the economy when you look at the reality most americans believe george bush shares more responsibility because the president inherited a mess. if that is the perception of voters try to shake that perception when it is not working it is a problem. with respect to the
about the numbers and an additional $6 trillion in debt when the president promised he would lower the deficits by 50%. he has to talk about the massive government spending and government takeover of our lives. that won the midterm elections. i am not sure most of the country wants something like that but he can't say it. he has to say it with passion and that is what is missing. there has been -- what i call oomf to what he speaks. just more speech speech. he has to show action and oomf and he...
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and the deficit, is what we are already owe, what we owe. i don't know. >> they will talk about the fiscal cliff. do you know what that actually is? >> i do not of the have no include about that. >> i am from washington and have no clue. >> reporter: what about medicare and medicaid? >> my parents do my health insurance. i know about abortion and gay marriage. >> less about details and policy but more what the kind of person a presidential candidate is. >> reporter: he says debates are often about impressions, not words. they remember gore's sighing and awkward body language and impatient george bush checking his watch. >> who am i? why am i here. >> reporter: and one-liners. >> jack kennedy was a friend of mind. senator, you're no jack kennedy. >> i'm not going to exploit for political purposes, my opponent's youth and inexperience [laughing] >> people translated statements and gestures into insight into a candidate's character. it's all about character. >> reporter: now it is not that voters value style over substance but remember some of
and the deficit, is what we are already owe, what we owe. i don't know. >> they will talk about the fiscal cliff. do you know what that actually is? >> i do not of the have no include about that. >> i am from washington and have no clue. >> reporter: what about medicare and medicaid? >> my parents do my health insurance. i know about abortion and gay marriage. >> less about details and policy but more what the kind of person a presidential candidate is....
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milpitas has a $9 million budget deficit. however, the santa clara county sheriff's office just pulled out of the bidding to take over the city's law enforcement. so the milpitas city council will let the public vote on whether thety should outsource police service -- police -- whether the police should out source police service. >>> highway 4 is back open after a messy accident last night around 10:30 a dark car hit the center divide and slammed into a white suv. the driver of the suv suffered injuries but his wife says the situation could have been a lot was -- a lot worse. >> somebody was -- the air bags did save his lives. >> the other driver was arrested on suspicion of driving under the influence. >>> also on highway 4, antioch police are looking for someone who has been throwing objects from an overpass. three vehicles including an ambulance have been damaged since thursday. one driver suffered injuries. all three incidents happened near g street. anyone with information is asked to call local police. >>> 8:34. a vigil
milpitas has a $9 million budget deficit. however, the santa clara county sheriff's office just pulled out of the bidding to take over the city's law enforcement. so the milpitas city council will let the public vote on whether thety should outsource police service -- police -- whether the police should out source police service. >>> highway 4 is back open after a messy accident last night around 10:30 a dark car hit the center divide and slammed into a white suv. the driver of the suv...
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aisle to get things done, whether it was reducing taxes on the middle class, you know, reducing our deficit, cutting $1 trillion worth of spending. he's open and ready to do that, continued to do that over the next four years, but on election day, i think americans will send a very strong signal to the people in washington, that it's time for republicans to drop their intransigence of protecting tax cuts for the wealthy, come to the table and -- and get some stuff done. >> i want to ask you about vice president biden's remarks yesterday. conservatives have seized on them. he said that the middle class has been buried for the last four years. your campaign has pointed out he meant because of republican policies. that said, do you wish the vice president had chosen different words? >> no, absolutely not. in fact, we'll probably debate this tonight, that the middle class has been pressed over the past four years because of the very same policies that mitt romney and paul ryan are promising to go back to. let's talk about that tax cut that mitt romney won't tell us how he's going to pay for it.
aisle to get things done, whether it was reducing taxes on the middle class, you know, reducing our deficit, cutting $1 trillion worth of spending. he's open and ready to do that, continued to do that over the next four years, but on election day, i think americans will send a very strong signal to the people in washington, that it's time for republicans to drop their intransigence of protecting tax cuts for the wealthy, come to the table and -- and get some stuff done. >> i want to ask...
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trillion dollar deficits for years now. what about those questions in. >> we are overcoming what was the worst recession since the great depression. we've mid a lot of progress. we are losing 800,000 jobs a month and obviously we've created more than 5 million jobs, but better off isn't good enough. we need to do more than that, we need to restore economic security for the middle class, that's why the president is invested in areas like education where we're double funding for college scholarships. we are on track to double renewable energy productions so we are creating the jobs of the future right here in america. he'll talk about both the progress we've made and layout a road map to create good-paying sustainable jobs to the middle class. bill: we are looking forward tonight. thank you for coming back here, ben. ben labolt from the obama team. good luck to you later tonight. andrea saul from the romney team, press secretary for mitt romney. good morning to you. i know you're looking forward to you tonight as well. >> goo
trillion dollar deficits for years now. what about those questions in. >> we are overcoming what was the worst recession since the great depression. we've mid a lot of progress. we are losing 800,000 jobs a month and obviously we've created more than 5 million jobs, but better off isn't good enough. we need to do more than that, we need to restore economic security for the middle class, that's why the president is invested in areas like education where we're double funding for college...
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we are going to explore the progress over the 112th congress and identify deficits. we are going to do my portion very quickly because what is interesting -- let me start by introducing them. on my right is hugh halpern leaders the staff director of the house of representatives committee on rules. on the committee he search as the chief adviser on committee and leadership patterns. immediately to my left is jim harper, director of information policy studies at the cato institute and founder of washington watchdog which keeps a close eye on legislation in federal funding. jim is the washington watchdog -- watch.com several times in the course of this presentation. last but not least is john wonderlich who is the policy director at the sunlight foundation and all-around transparency gadfly. that is his official title. more information about today's panelist on your chairs and transparencycaucus.org. i would like to thank the cochairs of the congressional transparency caucus for getting us this space and opportunity to have a conversation with you today. i promised i wo
we are going to explore the progress over the 112th congress and identify deficits. we are going to do my portion very quickly because what is interesting -- let me start by introducing them. on my right is hugh halpern leaders the staff director of the house of representatives committee on rules. on the committee he search as the chief adviser on committee and leadership patterns. immediately to my left is jim harper, director of information policy studies at the cato institute and founder of...
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president, you said you would have the deficit and have a plan to pay down our debt within your first term and you haven't done so. so why should we trust you to keep your promise in your second term. from joe, to both, when will either of you stop worrying about your parties and start worrying more about our nation? facebook.com/carolcnn. keep the conversation going. ♪ [ male announcer ] introducing the all-new completely re-imagined 2013 chevrolet malibu. sleek new styling... sophisticated dual cockpit design, and sport sculpted seats. available chevrolet mylink infotainment system. the all-new 2013 chevrolet malibu. ♪ refined comfort to get you in a malibu state of mind no matter what state you live in. ♪ >>> today is the last day of baseball's regular season. we know all the playoff teams, but not all the division winners. the oakland a's and texas rangers play today to decide the a.l. west champs. the a's won last night to pull into a tie for a top of the division. oakland was 13 games back of texas on june 30th. the a's clinched a wild card spot. the baltimore orioles are
president, you said you would have the deficit and have a plan to pay down our debt within your first term and you haven't done so. so why should we trust you to keep your promise in your second term. from joe, to both, when will either of you stop worrying about your parties and start worrying more about our nation? facebook.com/carolcnn. keep the conversation going. ♪ [ male announcer ] introducing the all-new completely re-imagined 2013 chevrolet malibu. sleek new styling... sophisticated...
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lawmakers must also lay the groundwork on a basic plan to reduce the federal deficit. the group will begin work on the plan following november's election and have until january to agree on a deal. senators could face some road blocks along the way. senate democrats say they do not agree with extending bush-era tax cuts, while republicans oppose raising tax rates. a shocking stat is out about millionaires getting paid unemployment. according to the congressional research service, nearly 2400 millionaires were paid unemployment in 2009. add to that another 954,000 households earning more than $100,000 also taking home unemployment benefits. the numbers include people who were hired for higher-paying jobs after receiving the government money. in 2011, the senate voted unanimously to end unemployment payments to jobless millionaires. however, it was attached to another bill which is yet to pass in the senate. a bailout for spain is "not imminent." that's according to the country's prime minister, who told reporters yesterday that plans to request a bailout are not set in s
lawmakers must also lay the groundwork on a basic plan to reduce the federal deficit. the group will begin work on the plan following november's election and have until january to agree on a deal. senators could face some road blocks along the way. senate democrats say they do not agree with extending bush-era tax cuts, while republicans oppose raising tax rates. a shocking stat is out about millionaires getting paid unemployment. according to the congressional research service, nearly 2400...
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good news for mitt romney in virginia where he's closed gap to two points compared to a four-point deficit and also a close race in florida where the president leads romney by just a single point, also down from a four-point lead last month. but romney's made no progress in ohio where mr. obama remains a significant edge, virtually unchanged since september. nationally the new nbc/"wall street journal" poll also shows the president in a strong position though the race tightened. he sits at 49% in both his ballot test and job approval rating. mitt romney coalesced republicans and to close the gap and likely voters because of republican enthusiasm, 49/46. david? >> former pennsylvania senator rick santorum is a former republican presidential candidate and author of the new book "american patriots, answering the call to freedom." senator, good to see you. >> thank you, david. >> talk about the book in a minute. let's talk about the debate. i spoke with governor chris christie on "meet the press" and he said come thursday morning the narrative will be completely different after the first debat
good news for mitt romney in virginia where he's closed gap to two points compared to a four-point deficit and also a close race in florida where the president leads romney by just a single point, also down from a four-point lead last month. but romney's made no progress in ohio where mr. obama remains a significant edge, virtually unchanged since september. nationally the new nbc/"wall street journal" poll also shows the president in a strong position though the race tightened. he...
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how does that affect their policy approaches to the deficit? knowing that even adam smith, to use a reliable source, will tell you that it is the quickest, surest, and nearly permanent way to implode a nation. host: what do you think the moderator could ask to get that? caller: i just find it disturbing that with all this media coverage and speeches being made from both candidates in both parties, that the two wars that they waged in iraq and afghanistan are footnotes when it comes to balancing the budget and approaching resolving the debt crisis. the wars have absolutely little to do with it and it is disturbing. anyone can look at a history book and know that you raise taxes during a time of war. host: byron, cleveland, good morning. caller: known as socialist, george soros, recently contributed to the democratic party campaign. i would like to know if president obama or michelle obama, his wife, have ever been currently members of a communist or socialist party, u.s.a.. thank you. host: ann, democratic line. caller: hello. host: go ahead. ca
how does that affect their policy approaches to the deficit? knowing that even adam smith, to use a reliable source, will tell you that it is the quickest, surest, and nearly permanent way to implode a nation. host: what do you think the moderator could ask to get that? caller: i just find it disturbing that with all this media coverage and speeches being made from both candidates in both parties, that the two wars that they waged in iraq and afghanistan are footnotes when it comes to balancing...
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americans can afford it. reduce our deficit by... next decade, on top of the... already cut. little more. afghanistan... pay down our debt and... nation-building... right here at home. patriotism, rooted in the... begins with a strong..... thriving middle class. read my plan. and decide for yourself. thanks for listening. this message. >>> all right. back, now, in times square. we're going to play guess this steal, to guess which look is the fashion trend. we're going to look at jeans. and kate dimmock of "people style watch" is here to bring us all of the looks we want to be looking for. denim is in again. >> it's a staple. but it goes beyond the basic blue. we're seeing great patterns and colors. and something that started in the spring that's carrying over. and another important good news thing is any style goes. from skinny, to boot cut, to boyfriend, it's all good. there's jeans out there for anybody's budget. >> we're going to start with skinny jeans. you have two models wearing them. i struggle with how to wear skinny jeans. do i wear them with a ballet flat or a boot? >> if you g
americans can afford it. reduce our deficit by... next decade, on top of the... already cut. little more. afghanistan... pay down our debt and... nation-building... right here at home. patriotism, rooted in the... begins with a strong..... thriving middle class. read my plan. and decide for yourself. thanks for listening. this message. >>> all right. back, now, in times square. we're going to play guess this steal, to guess which look is the fashion trend. we're going to look at jeans....
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control, deficits mean new taxes. debt mean new taxes. unemployment means misery in this country. if he can understand that, then he can win this debate. what it is for mitt romney is saying i welcome you into my house. let's come in, have this discussion. if you hents wanted to come into my house before, now think about it. >> brian: just one thing that will be interesting 'cause they'll have a whole section on obamacare and you have the romneycare incident. so -- >> he's an expert, mitt romney on health care. he did it differently in massachusetts. he shouldn't be embarrassed about it. he can talk about it in a real way. >> brian: and he has recently on the stump. peter johnson, jr., thanks. >> we'll be watching. >> brian: and analyze tomorrow. 11 minutes before the top of the hour. up next, do you always hate what you see when you look in the mirror? up next, dr. keith ablow tells us if you are normal or nuts. right there, a free session for martha mccallum. on this day in history, 1956, "don't be cruel" by elvis p
control, deficits mean new taxes. debt mean new taxes. unemployment means misery in this country. if he can understand that, then he can win this debate. what it is for mitt romney is saying i welcome you into my house. let's come in, have this discussion. if you hents wanted to come into my house before, now think about it. >> brian: just one thing that will be interesting 'cause they'll have a whole section on obamacare and you have the romneycare incident. so -- >> he's an...